By Tarah Ferguson.
It is often said that business is all about relationships, and in Manica Gautam’s case, that couldn’t be more true. Her business, Campfire Capital, a venture capital firm that invests in retail companies leveraging technology to innovate, is the direct result of a friendship she developed with her current co-partner and former lululemon athletica Director of Business Development, Brooke Harley, after meeting during a job interview at the lululemon headquarters back in 2011.
While Manica didn’t take the job, the two remained friends. Manica continued to build her career in the financial industry and had worked her way up to the Director, Funds Group at Onex, one of the top private equity firms in the world.
Over the course of the next couple years, a few girls trips and a break-up here and there, the two friends quickly realized that they shared many of the same business goals.
In January 2015, both women moved in together to build Campfire Capital to its current success.
In today’s interview, you’ll learn:
- How Brooke convinced Manica to leave her lucrative career to join her at Campfire Capital.
- The hardest part about starting a new venture capital fund.
- The advantages of blind optimism, and
- What four qualitative and quantitative criteria she looks for when investing.
Her three favorite online tools are:
The book she would recommend to all listeners is The Nest by Cynthia D’Aprix Sweeney.
Listen to the podcast at She Built That.